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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
2 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Aug. 31, 2019
Sep. 30, 2018
Aug. 31, 2019
Sep. 30, 2018
Revenues:        
Rental income $ 31,247 $ 60,287 $ 132,812 $ 179,539
Interest income on loans receivable 540 1,131 2,669 1,964
Other income 794 993 2,916 1,934
Total revenues 32,581 62,411 138,397 183,437
Expenses:        
General and administrative 930 1,795 5,703 11,017
Related party fees 4,715 8,369 18,057 13,450
Transaction costs 1,263 78 6,223 8,620
Shopko-related (recoveries) expenses (2,997)   10,116  
Property costs (including reimbursable) 1,426 1,909 4,887 5,573
Interest 18,344 27,672 78,254 83,427
Depreciation and amortization 10,682 20,969 47,378 63,071
Impairment, net of recoveries for loan losses 295 9,343 4,869 15,415
Total expenses 34,658 70,135 175,487 200,573
Other income (loss):        
Loss on debt extinguishment (144)   (21,411) (363)
Gain on disposition of real estate assets 221 4,210 1,740 7,464
Total other income (loss) 77 4,210 (19,671) 7,101
Loss before income tax expense (2,000) (3,514) (56,761) (10,035)
Income tax expense (11) (60) (86) (139)
Net loss and total comprehensive loss (2,011) (3,574) (56,847) (10,174)
Preferred dividends (2,653) (3,975) (10,611) (5,300)
Net loss attributable to common shareholders $ (4,664) $ (7,549) $ (67,458) $ (15,474)
Net loss per share attributable to common shareholders:        
Basic $ (0.11) $ (0.18) $ (1.57) $ (0.36)
Diluted $ (0.11) $ (0.18) $ (1.57) $ (0.36)
Weighted average common shares outstanding:        
Basic 43,015,227 42,851,010 42,938,777 42,851,010
Diluted 43,015,227 42,851,010 42,938,777 42,851,010
Dividends declared per common share issued   $ 0.33 $ 0.66 $ 0.33